Gillard's new school funding plan

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SCHOOLS will have to produce performance plans outlining how they will improve students' results in exchange for increased funding and control over their own budgets under the Gillard government's blueprint to boost the education system.

Greater transparency through the MySchool website - including the possibility that private schools would be required to reveal the value of their assets - will also be one of the key demands made by the Prime Minister, Julia Gillard, before she agrees to provide any additional money.

''We need to make sure that all our schools have all the resources they need to do the job,'' Ms Gillard told The Sun-Herald.

''Some need more money and they will get it. But we need them to sign up to improvements.''

Her government had been expected to release its response to the Gonski report tomorrow but that will not happen until next month when a national plan for school improvement will be unveiled.